We investigate the trade-offs between economic growth and low carbon targets for developing and developed countries in the period up to 2035. Policy options are evaluated with an original version of the dynamic CGE model GDynE. Abatement costs appear to be strongly detrimental to conomic growth...

Most tradable permit regimes have ignored the role of emission allowance taxation whereas the OECD and the European Union have emphasized the need for further investigation of the related efficiency and effectiveness consequences. The aim of our paper is to take a first step in this direction....

We investigate the efficiency and effectiveness consequences of emissions trading taxation. A theoretical partial equilibrium model is developed, showing that permits taxation distorts the equilibrium price and abatement efforts. Potentially counterintuitive conclusions concerning the tax...